World Footwear

H&M

H&M showcases brand identity at New York pop-up

Oct 23, 2024 / United States
The Sweden-based fashion retailer will open a pop-up store in New York City’s Nolita neighbourhood to showcase “the very best of the brand’s fashion identity”

H&M reports weak third quarter

Sep 27, 2024 / Sweden
The Sweden-based fashion group has reported a “slow” third quarter, as sales remained flat and costs hit profits, resulting in a drop in its full year operating profit margin outlook

H&M posts solid second quarter

Jun 28, 2024 / Sweden
The Sweden-based fashion group has reported a solid performance in the second quarter of 2024. However it has also warned of a drop in sales in June, mainly due to “unstable weather” in some of its key markets

Zara and H&M allegedly linked to illegal deforestation, land grabbing and violence

Apr 18, 2024 / World
NGO Earthsight has accused H&M and Inditex of allegedly using cotton linked to land grabbing, illegal deforestation, violence, human rights violations and corruption in Brazil

H&M’s operating performance improves in the first quarter

Apr 3, 2024 / Sweden
Despite a slight decline in net sales, the Sweden-based fashion group surprised with a “substantial improvement” in operating profit and total profit in the first quarter of its fiscal year

H&M plans up to 588 job cuts in Spain

Feb 16, 2024 / Sweden
The Sweden-based retailer plans to close a fifth of its stores and lay off up to 588 employees in Spain. H&M currently operates 133 stores in the country and employs nearly 4 000 people

H&M announces results for 2023, CEO steps down

Feb 2, 2024 / Sweden
The Sweden-based group has reported a 6% growth in net sales in 2023, as compared to the previous year. However, its CEO has stepped down amid sluggish sales at the start of the year

Daniel Ervér is the new President and CEO of H&M

Feb 1, 2024 / Sweden
At the same time as reporting its 2023 results, the fashion group announced a change at the top. Daniel Ervér is the group’s new CEO, succeeding Helena Helmersson, who stepped down after four years in the role

H&M reports full year net sales growth

Dec 18, 2023 / Sweden
Despite the slowdown recorded in the fourth quarter of fiscal 2023, the Sweden-based fashion group reported an annual net sales increase of 6%, as compared to the previous year

H&M profits rise in the third quarter

Sep 28, 2023 / Sweden
Despite the slowdown in sales during the third quarter, the Sweden-based fashion group saw its profits rise significantly in the period to 3.32 billion Swedish Krona (285.9 million euros)

H&M anticipates 'flattish' sales

Sep 19, 2023 / Sweden
The Sweden-based fashion group has released a sales development update for the third quarter of fiscal 2023, ahead of the publication of the nine-month report scheduled for the end of September

H&M to reopen stores in Ukraine

Aug 31, 2023 / Sweden
The Sweden-based fashion group announced that has been in talks with Ukrainian partners and authorities to gradually reopen most of its stores in the country from November

H&M announces first half results

Jul 5, 2023 / Sweden
The Sweden-based company saw its sales increase in the first half of fiscal 2023, but underlined the negative impacts of high raw materials and freight costs combined with a strong US dollar on results

H&M releases second quarter sales development

Jun 19, 2023 / Sweden
The Sweden-based fast fashion company has reported that net sales in local currencies in the second quarter of fiscal 2023 were “flattish”, as compared to the same quarter of last year

H&M reports a sales increase

Apr 4, 2023 / Sweden
The Sweden-based group reported a net sales growth of 12% in the three months to the 28th of February, as compared to the same period of last year, but March sales were below expectations
Page 1 of 2